For the March quarter, Palantir posted revenue of $446.4 million, up 31% from a year ago,a smidge shy of the company’s guidance of $447 million, but above the Wall Street consensus at $443 million.
On an adjusted basis, the data analytics company earned 2 cents a share in the quarter, 2 cents short of the Wall Street consensus. Under generally accepted accounting principles, the company lost 5 cents a share. Adjusted Ebitda, or earnings before interest, taxes, depreciation and amortization, was $121.7 million, up 27%. Adjusted operating margin was 26%, three points better than the company had forecast.
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